The $12.2 million New Land Enterprises apartment project in Walker’s Point is starting to see some progress. The project broke ground last May and we can now see development on the first floor of the first building.

“Regarding the streetcar, I was talking about the expansion loop – it literally circles around this project. I know it’s years out, and I’m sure faces obstacles, but the potential itself is exciting. And consistent with our development philosophy of urban density, walkability, and a lesser reliance on cars in general,” Gokham explained in an email to Urban Milwaukee.

From this week’s photos, we can see that the concrete walls of the first floor and the elevator tower of the first building are nearly done. Most of the lot is still barren, but it shouldn’t stay that way for long; we can see the beginnings of another wall towards the middle of the lot.

Check out the photo gallery below. For building renderings, check out the article here.

Apartments are nothing more than an income stream for wealthy landlords. Rich or poor funnel money to the landlord year after year after year. Whatever happened to the dream of home ownership? There needs to be other choices for reasonable housing instead of hosing.

Ownership isn’t for everyone Jan. The pluses and minus to either option and you need to weigh those against your goals and lifestyle to decide what is the best match be it owning/leasing a vehicle or housing.

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